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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

Wang entered the automobile business in 2003 by buying a Chinese state-owned car company that was all but defunct. Its essentially a set of rooftop solar photovoltaic panels with batteries built in to store power for use when the suns not out, all to be designed and manufactured by BYD. 107.12% Rite Aid Corporation 0.66

BYD 62
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Greenlings: Benefits of charging stations vs. battery swaps vs. home charging

Tony Karrer Delicious EVdriven

Also, besides giving you the ability to charge at night when most utility rates are lower, future vehicle-to-grid (V2G) technology may allow you to sell some of your stored energy back to the utilities. Currently, there are some industrial facilities that use battery swapping to replenish the energy stores of electric forklifts.